Renault to cut up to 20% of engineers as competition from China heats

Renault targets India among its top three markets by 2030, CEO says

French automaker ​Renault is ​targeting India to ​become one of its top three global markets by ‌2030 ⁠as ⁠it steps up ​launches and electrification efforts in the ​world’s third-largest auto market, its global CEO ​Francois Provost ⁠said on ‌Thursday.

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The company ​plans ​to launch seven ⁠vehicles in India by 2030, ​including battery-electric models, ​and aims for electrified vehicles to make up about half of its ‌sales in the country by the end ​of ​the ⁠decade, Provost said at an industry event in Chennai ​city.

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